solution
Typically, contracting
parties reach mutual assent using a combination of
O A. an invitation to negotiate and an
acceptance
O B. an offer and promissory estoppel
O C. an invitation to negotiate and an offer
O D. an offer and an
acceptance
Which of the following provides that the
acceptance of an offer is generally effective upon dispatch of the acceptance
when sent in a commercially reasonable manner, and not when the acceptance is
received by the offeror? O A. The mailbox rule
O B. The promissory
estoppel doctrine
OC. The mirror image rule
O D. The commercial
dispatch rule
Which of the following is the legal rule used
by courts to protect parties who may lack the ability to understand the terms
of an agreement?
O A. Capacity
OB. Unilateral mistake
O C. Consideration
O D. Promissory estoppel
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